1.63× price rise
Average US inflation: 2.93% a year over 17 years. Prices did not double in this span. Highest year: 1973 (6.3%). Lowest: 1959 (0.9%).
| 1956 | in 1973 | 1973 amount in 1956 money |
|---|---|---|
| $1 | $1.63 | $0.61 |
| $10 | $16.34 | $6.12 |
| $100 | $163.38 | $61.21 |
| $1,000 | $1,633.82 | $612.06 |
| $10,000 | $16,338.23 | $6,120.62 |
| $100,000 | $163,382.27 | $61,206.15 |
| Year | Value | Inflation |
|---|---|---|
| 1956 | $100.00 | |
| 1957 | $103.39 | 3.4% |
| 1958 | $106.22 | 2.7% |
| 1959 | $107.21 | 0.9% |
| 1960 | $108.81 | 1.5% |
| 1961 | $109.97 | 1.1% |
| 1962 | $111.26 | 1.2% |
| 1963 | $112.66 | 1.3% |
| 1964 | $114.15 | 1.3% |
| 1965 | $115.95 | 1.6% |
| 1966 | $119.42 | 3.0% |
| 1967 | $122.74 | 2.8% |
| 1968 | $127.95 | 4.2% |
| 1969 | $134.91 | 5.4% |
| 1970 | $142.85 | 5.9% |
| 1971 | $148.89 | 4.2% |
| 1972 | $153.76 | 3.3% |
| 1973 | $163.38 | 6.3% |
1956–1972 · 1956–1974 · All years
$100 in 1956 had about the same buying power as $163.38 in 1973, based on US consumer price index data.
About 2.93% per year, compounding to a 63.4% total rise in prices over 17 years.
1973 saw the largest annual rise in the index (6.3%); the lowest was 1959 (0.9%).